Topic
military spending
40 stories related to this topic, newest first.
upi.comtechnology3 days ago
Trump to speak at Army War College defense summit
President Trump will headline a defense technology summit Wednesday at the U.S. Army War College in Carlisle, Pennsylvania. The event focuses on investments in battlefield technology following reduced U.S. stocks of Tomahawk, Patriot, and THAAD systems used in strikes on Iran.
The Independentpolitics11 days ago
UK military advisers report daily Russian attacks and spending delays
Two authors of the UK strategic defence review told MPs the country faces ongoing Russian attacks and that a year-long delay in publishing the defence investment plan has left spending gaps. The advisers said relations with the United States at an upcoming Nato summit may be stra…
Breaking Defensefinance17 days ago
UK Defense Plan Commits £298 Billion Over Four Years
The United Kingdom released its Defence Investment Plan today, outlining £298 billion in spending through 2030. The plan raises the defense budget target to 2.7 percent of GDP and allocates £5 billion for autonomous systems.
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winnipegfreepress.comworld17 days ago
UK Publishes Defence Investment Plan Allocating £270 Billion Over Four Years
The government released its defence investment plan on 30 June 2026, adding £15 billion to reach a £270 billion total. Spending will rise to £80 billion annually by 2029 and 2.7 percent of GDP by 2030.
politics18 days ago
UK Increases Defense Spending by £15 Billion, Prioritizing Drones and Jets
The British government announced a defense investment plan on June 30 that adds 15 billion pounds in new spending. The plan prioritizes autonomous aircraft, submarines and drones while setting defense spending at 2.7 percent of GDP by 2029.
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news.google.compolitics19 days ago
UK government shifts naval funding from new warships to drone systems
The government has redirected funds previously allocated for new destroyers and frigates toward drone technology under its Defence Investment Plan. The change follows the resignation of the former defence secretary over spending levels.
techjuice.pkfinance23 days ago
Conflict With Iran Adds $100 Billion Cost to U.S. Households
Moody’s estimates the conflict has cost American households about $100 billion through higher government spending and energy prices. The total includes added military outlays and increased fuel and transportation expenses.
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middleeasteye.netfinance24 days ago
Pentagon Requests Additional $80 Billion for Iran Conflict Costs
The Department of Defense told senators Monday it needs $80 billion more to cover U.S. involvement. Cumulative costs have reached at least $132 billion, with long-term estimates exceeding $1 trillion.
theiranproject.comfinance24 days ago
Germany Plans to Cancel Largest Warship Project Since World War II
Berlin is preparing to drop the F126 frigate program after repeated cost increases and schedule slips. The Financial Times reported that the decision follows years of delays on what would have been Germany's biggest warship since 1945.
Washington Examinerpolitics25 days ago
President links NATO defense to spending levels
President Donald Trump stated Monday that U.S. contributions to NATO are excessive and that the alliance may not receive defense support against Russia. The remarks came two days before a scheduled White House meeting with the NATO secretary general.
foxnews.comworld31 days ago
NATO Calls for Higher Defense Spending to Boost Production and Innovation
NATO stated that increased defense investment requires expanded production capacity and greater use of innovation. Officials said the approach would strengthen security while supporting job creation and economic growth.
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interestingengineering.compolitics33 days ago
Defense Secretary Says U.S. Munitions Stockpiles Are Strong
Defense Secretary Pete Hegseth stated on Sunday that U.S. munitions stockpiles are adequate and improving. He addressed earlier testimony about replenishment timelines after the Iran war ceasefire.
France 24politics37 days ago
Poland Launches wGotowości Programme to Teach Civilian Survival Skills and Promote Armed Forces
Poland has started large-scale voluntary courses to teach civilians survival skills amid heightened security concerns. The programme targets 400,000 participants by the end of 2026.
abcnews.go.compolitics38 days ago
Congressional Committee Reports Waste in U.S. Military Spending
A congressional committee identified multiple instances of waste in U.S. military spending. The panel described the examples as egregious and released details of its findings.
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ukdefencejournal.org.ukpolitics41 days ago
UK Defence Investment Plan Still Unpublished One Year After Review but Due Before NATO Summit
The Public Accounts Committee faulted the government for delays that left defence firms and allies without spending guidance. The Prime Minister has said the plan will appear before next month's NATO summit.
ukdefencejournal.org.ukworld41 days ago
MPs call for government apology over delayed defence investment plan
A cross-party group of MPs said the government should apologise for delays to a defence investment plan originally promised in autumn 2025. The Public Accounts Committee report stated that the absence of the plan has damaged national credibility and armed forces planning.
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ukdefencejournal.org.ukpolitics41 days ago
UK to Publish Defence Investment Plan Before NATO Summit Amid PAC Criticism of Delays
The Public Accounts Committee said the postponement has raised costs and weakened the UK's standing with allies ahead of next month's NATO meeting.
Semaforworld47 days ago
China Expands Military as U.S. Defense Secretary Urges Asian Allies to Increase Defense Spending
The U.S. defense secretary told Asian allies they must increase defense spending if they want to buy more American arms. The comments came during a speech at the Shangri-La Dialogue in Singapore.
japantimes.co.jpworld47 days ago
Defense Officials Skip Summit as Spending Calls Continue
A regional defense gathering took place without participation from one major country. Attendees discussed military budgets while one delegation remained absent.
asiaone.comworld47 days ago
Hegseth Calls on Asia-Pacific Nations to Raise Defense Spending to 3.5% of GDP at Shangri-La Dialogue
Defense Secretary Pete Hegseth told the Shangri-La Dialogue that U.S. partners demonstrating higher spending would receive expedited arms sales and expanded intelligence sharing. Several regional ministers noted economic constraints that make the target difficult to meet.
thehindu.comfinance48 days ago
Defense Officials Discuss Spending, China, Ukraine Lessons at Singapore Forum
Senior defense officials and military leaders met in Singapore from May 29 to 31 for the annual IISS Shangri-La Dialogue. Discussions focused on rising defense budgets, China's regional posture, and military lessons from the Ukraine conflict.
rediff.combusiness48 days ago
Pentagon Reports $29 Billion Spent on Iran Conflict Through Mid-May
The Pentagon has released updated figures showing U.S. military spending on the Iran conflict reached $29 billion by May 12. Officials and independent analysts differ on total costs and what expenses should be included.
The Independentbusiness48 days ago
U.S. official says special relationship requires higher defense spending
A U.S. defense official told a Singapore security conference that allies must increase military spending to receive priority access to arms sales and intelligence. The remarks come as the U.K. government continues work on a defense investment plan scheduled for release this autum…
Benzingafinance50 days ago
Venture Funding for Defense Startups Reached $29 Billion in 2025
Venture capital directed at defense-focused companies totaled $29 billion last year. The figure is nearly three times the amount recorded in 2020.
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The Independentpolitics56 days ago
UK Defence Spending Plan Not Yet Published
The Ministry of Defence reported two Russian warplanes intercepted an unarmed RAF spy plane over the Black Sea in the past month. NATO is conducting joint military exercises from a disused section of Charing Cross station in London.
order-order.comfinance58 days ago
NATO Allies Increase Defense Spending Toward 5% GDP Target
NATO allies have begun raising defense investment to meet a 5% of GDP goal by 2035. The commitments were made at the NATO Summit in The Hague.
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reviewjournal.comai65 days ago
Pope Leo Criticizes Rising European Military Spending
Pope Leo XIV told students at Sapienza University in Rome that increased military spending betrays trust in diplomacy and should not be called defence spending. Military spending across Europe rose 14 percent in 2025 to $864 billion according to the Stockholm International Peace…
rt.comworld66 days ago
Pentagon Estimates War With Iran Has Cost $29 Billion
The Pentagon has estimated that the war with Iran has cost $29 billion to date. The assessment comes as inflation and gas prices are increasing in the United States. The estimate was included in a segment of the news program What You Need to Know.
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Substrate placeholder — needs reviewpolitics71 days ago
Congress Uses Budget Reconciliation to Set Defense Spending Levels
Lawmakers are considering the use of budget reconciliation to meet the White House request for a $1.5 trillion defense budget. The process allows Congress to pass certain fiscal legislation with a simple majority in the Senate. Breaking Defense reported on the mechanics and poten…
thehindu.comworld73 days ago
Japan Ends Decades-Old Ban on Lethal Weapons Exports Amid Regional Security Shifts
Japan ended its ban on lethal weapons exports last month, marking a shift from postwar pacifism amid rising Chinese aggression. Prime Minister Sanae Takaichi, elected in February 2026, is driving a review of national security strategy and international defense ties. The moves inc…
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thehindu.comfinance78 days agoUpdated
Oil Prices Reach Four-Year High
Oil prices climbed to their highest levels in four years as tensions in the US-Iran war persisted, with Iran restricting access to the Strait of Hormuz. The Bank of England and Federal Reserve held interest rates steady amid rising inflation and energy costs. Gas prices in the Un…
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japantimes.co.jpfinance79 days ago
Oil Prices Hit Four-Year High After U.S. Blocks Iranian Ports
Brent crude oil prices surged to a four-year high of $126 per barrel early Thursday amid reports that President Trump will review options for resuming military strikes on Iran. The increase follows stalled peace talks and a U.S. blockade of Iranian ports in the Strait of Hormuz,…
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japantimes.co.jptechnology79 days ago
Pentagon Budget Exceeds $1 Trillion with Proposed Increases
The U.S. Pentagon budget has exceeded $1 trillion, with President Trump proposing an additional $500 billion increase. This funding supports military operations including interventions in Venezuela and a war in the Middle East. Analysts highlight rising costs and diminishing econ…
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en.antaranews.comfinance81 days agoUpdated
Oil Prices Rise as U.S.-Iran Talks Stall; Stocks Reach Records
Oil prices rose sharply with Brent crude reaching $109.5 per barrel and U.S. crude at $97.5, driven by stalled peace talks between the U.S. and Iran. Stock markets advanced to new highs, overlooking stagflation concerns and geopolitical tensions. Additional developments include C…
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New York Postpolitics82 days ago
Global Military Spending Hits $2.9 Trillion in 2025 Amid Regional Tensions
Global military expenditure reached $2.89 trillion in 2025, marking an 11th straight year of increases despite a U.S. decline linked to halted Ukraine aid. The rise, equivalent to 2.5% of global GDP, reflects growing insecurity and rearmament efforts. Asia-Pacific spending grew a…
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washingtonpost.comfinance82 days agoUpdated
Global Military Spending Reaches $2.9 Trillion in 2025 as US Consumer Confidence Drops to Record Low
Global military expenditure rose 2.9% to $2.89 trillion in 2025, marking the 11th straight year of increases amid heightened insecurity. In the US, consumer sentiment fell to a historic low of 47.6 in early April before a slight rebound to 49.8, driven by concerns over the war in…
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insidermonkey.comfinance84 days ago
U.S. Defense Contractors Report Record Backlogs Amid Increased Military Spending
U.S. defense companies are experiencing significant order backlogs due to record military spending and restocking needs from recent conflicts. The Defense Department has allocated $901 billion for 2026 and requested $1.5 trillion for 2027. Additional funding requests related to t…
Office of the President of the United States / Wikimedia (Public domain)politics85 days ago
Trump Administration Requests $1.5 Trillion Defense Budget for Fiscal Year 2027, a 44% Increase
The Trump administration submitted its Fiscal Year 2027 defense budget proposal on April 23, 2026, requesting a 44 percent increase to roughly $1.5 trillion. The proposal includes $1.1 trillion in base discretionary funding and $350 billion via a separate reconciliation bill. All…
Substrate placeholder — needs reviewworld87 days ago
U.S. Defense Budget Proposal Totals $1.5 Trillion Including $750 Billion for Ships, Jets, and Golden Dome
A proposed U.S. defense budget amounts to $1.5 trillion. It allocates $750 billion for ships, jets, and the Golden Dome system. Reuters reported the details of this budget proposal.
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techjuice.pkworld92 days ago
UK Chancellor Signals Reluctance to Raise Taxes or Borrow for Military Spending Increase
The UK Chancellor indicated hesitation to increase taxes or government borrowing to fund accelerated military spending. This comes as the government evaluates options to speed up planned defense budget increases following the Iran war.
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